QUALCOMM Incorporated (QCOM)
| Market Cap | 122.93B |
| Revenue (ttm) | 41.07B |
| Net Income (ttm) | 10.54B |
| Shares Out | 1.11B |
| EPS (ttm) | 9.32 |
| PE Ratio | 11.84 |
| Forward PE | 12.15 |
| Dividend | $3.00 (2.72%) |
| Ex-Dividend Date | Mar 1, 2023 |
| Volume | 15,969,935 |
| Open | 110.43 |
| Previous Close | 104.02 |
| Day's Range | 104.82 - 111.28 |
| 52-Week Range | 101.47 - 156.66 |
| Beta | 1.26 |
| Analysts | Buy |
| Price Target | 141.67 (+28.38%) |
| Earnings Date | Jul 26, 2023 |
About QCOM
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system product... [Read more]
Financial Performance
In 2022, Qualcomm's revenue was $44.20 billion, an increase of 31.68% compared to the previous year's $33.57 billion. Earnings were $12.94 billion, an increase of 43.05%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for QCOM stock is "Buy." The 12-month stock price forecast is $141.67, which is an increase of 28.38% from the latest price.
News
Nvidia's blowout earnings lift AMD while other chipmakers like Intel fall
Nvidia's stock performance has been a boon for some names but has sent shares of conventional CPU manufacturers like Intel down in Thursday trading.
Can Qualcomm Count On Automotive Sector To Drive Its Next Wave Of Growth?
Qualcomm is looking to diversify its revenue stream away from the mobile phone market, which is increasingly saturated, with vendors such as Apple increasingly moving
ZeroNox Appoints Karna Patel as Chief Financial Officer
PORTERVILLE, Calif.--(BUSINESS WIRE)--Zero Nox Inc. (“ZeroNox” or the “Company”), a leading provider of sustainable, off-highway vehicle electrification, today announced the appointment of Karna Patel...
Qualcomm boosting auto chip holdings with Autotalks acquisition
Qualcomm Inc. QCOM said Monday it agreed to buy Israel-based auto chip maker Autotalks to strengthen its portfolio of Snapdragon chips for automakers. While Qualcomm did not provide an amount, the com...
Qualcomm acquires Autotalks to boost Snapdragon's automotive safety technology, reportedly for $350-400M
Qualcomm's longer term bet on the automotive sector as a lucrative customer base for its chips and related communications technology is getting a significant push today: the company announced that it ...
Qualcomm to acquire Israeli auto-chip maker Autotalks
Chip designer Qualcomm Inc said on Monday it would buy Israel's Autotalks Ltd that makes chips used in technology aimed at preventing vehicle crashes, as the U.S. firm looks to deepen its automotive b...
Qualcomm Slumps as Smartphone Weakness Persists
Bloomberg Intelligence's Kunjan Sobhani joins Ed Ludlow and Caroline Hyde to discuss why Qualcomm shares fell in their biggest intraday drop since November, after the chipmaker gave a third-quarter fo...
Innominds Announces Availability of iDhi, a High Compute Edge AI Platform Powered by Qualcomm
SAN JOSE, Calif.--(BUSINESS WIRE)-- #5G--Innominds announces availability of iDhi, a High Compute Edge AI Platform Powered by Qualcomm.
Qualcomm stock declines on weak Q3 guidance, smartphone demand weakens
Yahoo Finance's Daniel Howley joins the Live show to discuss the decline in stock for Qualcomm stock following second-quarter earnings.
Qualcomm stock falls as backed up Apple iPhone inventory contributes to weak outlook
Qualcomm Inc. shares dropped Thursday after Wall Street digested a surprise weakness in sales to Apple Inc. for its iPhone and margin lows not seen in nearly three years.
The Fed's 0.25% rate hike, more banking fears, Qualcomm earnings: 3 things to know
Yahoo Finance Live's Brad Smith summarizes three key topics to watch for this morning including the Federal Reserve raising interest rates .25%, more regional bank troubles, and Qualcomm's latest earn...
Is It Time For Qualcomm To Start Playing Catchup?
Qualcomm Inc NASDAQ: QCOM released its Q2 financial results after the bell on Wednesday, with investors watching closely to see if they could match the optimistic beats of many of their tech peers. Fo...
Qualcomm amplifies chip gloom with 'sobering report'
Qualcomm Inc's shares sank nearly 8% premarket on Thursday after the chip designer signalled it would take longer for its crucial smartphone market to rebound from a post-pandemic slump.
Stocks moving in after hours: Qualcomm, Etsy, Costco, Zillow
Yahoo Finance Live co-host Seana Smith checks out several stocks trending in the after-hours trading session.
Qualcomm's outlook suggests it'll take a few more quarters to ‘hit a bottom'
Qualcomm Inc (NASDAQ: QCOM) is trading down in extended hours even though it reported better-than-expected revenue for its second financial quarter despite the slowdown in handset demand. Why is Qualc...
Qualcomm stock trends lower following Q3 revenue forecast miss
Yahoo Finance Live discusses a drop in Qualcomm shares following its Q2 earnings report noting the company's third-quarter revenue forecast.
Qualcomm Hit by Smartphone Demand Woes
The mobile-phone chip maker is diversifying into new areas as its core market slows.
There will be another few quarters before Qualcomm hits bottom, says Susquehanna's Chris Rolland
Chris Rolland, Susquehanna senior analyst, joins 'Closing Bell: Overtime' to discuss Qualcomm after reporting earnings and seeing shares sink.
Qualcomm beats on revenue, phone chip sales fall 17%
CNBC's Kristina Partsinevelos joins 'Closing Bell: Overtime' to report on Qualcomm earnings report.
Fed may be betting on credit to slow economy, but is missing the income driver: Unlimited CEO
Jefferies' David Zervos and Unlimited CEO Bob Elliott join 'Closing Bell: Overtime' to discuss the Fed decision and market reaction.
Qualcomm stock slides as outlook falls short of Wall Street expectations
Qualcomm Inc. shares declined in the extended session Wednesday after the chip maker's outlook fell short of Wall Street estimates.
Qualcomm sees dull third quarter on weak chip demand for smartphones
Qualcomm Inc forecast third-quarter revenue and profit below Wall Street estimates on Wednesday on worries it will take longer for the smartphone industry to exhaust the excess supply before fresh ord...
Qualcomm gives light forecast, phone chip sales fall 17%
Qualcomm reported second-quarter earnings on Wednesday that saw sales from handset chips, a core business for the company, decline.
Qualcomm Earnings Release Available on Company's Investor Relations Website
SAN DIEGO , May 3, 2023 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company's financial results for its second quarter of fiscal 2023 through an earnings release that is a...